MLSTUDIO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MLSTUDIO
Largest movements
- Cash -€59,174
down €59,174 (-99.9%), from €59,249 to €75
mainly Contributions, distributions and other (-€40,000) and Investment in fixed assets (net) (-€38,309)
- Stocks and contracts +€30,628
up €30,628 (+95.3%), from €32,151 to €62,779
- Tangible fixed assets +€25,863
up €25,863 (+14.1%), from €184,050 to €209,912
of which Plant, machinery and equipment: +€34,743
- Receivables within one year +€18,720
up €18,720 (+215.2%), from €8,699 to €27,419
- Trade debts +€25,407
up €25,407 (+388.0%), from €6,549 to €31,956
- Other debts -€17,353
down €17,353 (-76.1%), from €22,799 to €5,445
- Tax, wage and social debts -€13,703
down €13,703 (-58.3%), from €23,518 to €9,815
- Debts after one year +€11,623
up €11,623 (+15.7%), from €74,250 to €85,873
- Current portion of long-term debt +€3,917
up €3,917 (+522.3%), from €750 to €4,667
- Gross operating margin +€30,831
up €30,831 (+83.2%), from €37,078 to €67,909
- Depreciation +€11,487
up €11,487 (+388.1%), from €2,960 to €14,447
- Taxes +€5,860
up €5,860 (+872.0%), from €672 to €6,532
- Financial charges +€4,583
up €4,583 (+312.7%), from €1,466 to €6,049
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,148 | €300,185 | +€14,037 | +4.9% |
| Fixed assets | 21/28 | €186,050 | €209,912 | +€23,863 | +12.8% |
| Tangible fixed assets | 22/27 | €184,050 | €209,912 | +€25,863 | +14.1% |
| Land and buildings | 22 | €175,932 | €168,876 | -€7,056 | -4.0% |
| Plant, machinery and equipment | 23 | €4,986 | €39,729 | +€34,743 | +696.8% |
| Furniture and vehicles | 24 | €3,131 | €1,307 | -€1,824 | -58.3% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €100,098 | €90,273 | -€9,826 | -9.8% |
| Stocks and contracts in progress | 3 | €32,151 | €62,779 | +€30,628 | +95.3% |
| Stocks | 30/36 | €32,151 | €62,779 | +€30,628 | +95.3% |
| Amounts receivable within one year | 40/41 | €8,699 | €27,419 | +€18,720 | +215.2% |
| Trade receivables | 40 | €8,699 | €27,419 | +€18,720 | +215.2% |
| Cash at bank and in hand | 54/58 | €59,249 | €75 | -€59,174 | -99.9% |
| Total equity and liabilities | 10/49 | €286,148 | €300,185 | +€14,037 | +4.9% |
| Equity | 10/15 | €158,283 | €159,299 | +€1,016 | +0.6% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Capital | 10 | €12,600 | €12,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,823 | €144,839 | +€1,016 | +0.7% |
| Amounts payable | 17/49 | €127,865 | €140,886 | +€13,021 | +10.2% |
| Amounts payable after more than one year | 17 | €74,250 | €85,873 | +€11,623 | +15.7% |
| Financial debts | 170/4 | €74,250 | €85,873 | +€11,623 | +15.7% |
| Amounts payable within one year | 42/48 | €53,615 | €55,012 | +€1,397 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €750 | €4,667 | +€3,917 | +522.3% |
| Financial debts | 43 | - | €3,130 | +€3,130 | |
| Credit institutions | 430/8 | - | €3,130 | +€3,130 | |
| Trade debts | 44 | €6,549 | €31,956 | +€25,407 | +388.0% |
| Suppliers | 440/4 | €6,549 | €31,956 | +€25,407 | +388.0% |
| Taxes, remuneration and social security | 45 | €23,518 | €9,815 | -€13,703 | -58.3% |
| Taxes | 450/3 | €23,518 | €9,815 | -€13,703 | -58.3% |
| Other amounts payable | 47/48 | €22,799 | €5,445 | -€17,353 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,960 | €14,447 | +€11,487 | +388.1% |
| Other operating charges | 640/8 | €496 | - | -€496 | |
| Gross operating margin | 9900 | €37,078 | €67,909 | +€30,831 | +83.2% |
| Operating profit (loss) | 9901 | €33,622 | €53,463 | +€19,840 | +59.0% |
| Financial income | 75/76B | €2 | €134 | +€131 | +5571.6% |
| Recurring financial income | 75 | €2 | €134 | +€131 | +5571.6% |
| Financial charges | 65/66B | €1,466 | €6,049 | +€4,583 | +312.7% |
| Recurring financial charges | 65 | €1,466 | €6,049 | +€4,583 | +312.7% |
| Profit (loss) for the period before taxes | 9903 | €32,159 | €47,548 | +€15,389 | +47.9% |
| Income taxes | 67/77 | €672 | €6,532 | +€5,860 | +872.0% |
| Profit (loss) for the period | 9904 | €31,487 | €41,016 | +€9,529 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,487 | €41,016 | +€9,529 | +30.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.